AAOG is trading at $2.88, up 6.08%, as optical-networking stocks rebound on AI data-center demand expectations.

  • Shares track 2x daily exposure to Applied Optoelectronics (AAOI), which rose 7.71%.
  • AAOI completed its $600 million at-the-market offering, saying proceeds would support manufacturing expansion for data-center optical devices.
  • Broad market indexes were mixed, and the move appears more tied to the optical communications sector than to a general market rally.